Investment firm Red Arts Capital has announced the acquisition of Forestwood Farm, a family-owned produce distributor based in Birmingham, Alabama. The deal marks Red Arts' second investment in the produce distribution and logistics sector in the Southeastern United States.
Forestwood will join Freshway Foods, a fresh-cut processing company based in Sidney, Ohio, within Red Arts' portfolio. The addition broadens the firm's regional presence and expands its reach across the fresh food supply chain.
Founded in 1970 by Everett and Hazel Scott, Forestwood has grown from a small egg-selling operation into one of Alabama's largest produce distributors. The company supplies restaurants, schools, and military facilities across the Southeastern United States and operates from facilities in Birmingham, Huntsville (Alabama), and Jackson (Tennessee).
The company remains under second-generation leadership, with Randy Scott continuing as president and Everett Scott Jr. serving in an advisory role.
According to Red Arts Co-CEO and Managing Partner Nick Antoine, the acquisition aligns with the firm's broader investment focus on logistics and supply chain services. "The Forestwood team has built a business grounded in service, reliability, and community," Antoine said.
Forestwood President Randy Scott said the investment would help the company strengthen operations and continue expanding its customer base while maintaining its family-owned structure.
G2 Capital Advisors acted as the exclusive buy-side advisor to Red Arts Capital in the transaction.
For more information:
Red Arts Capital
Email: [email protected]
www.redartscapital.com